The Algorithm trader 🏌
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We focus mainly on what actually creates the market "algorithm"
Disclaimer ...!Every analysis sent to this channel are for "educational purposes" not for signals . should u be interested in understanding this algo,
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@thealgorithmtrader
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Look closely , we are still within the minor structure range , so it is safe to say that we are still bearish .. so I expect that level to stand out as my bearish minor poi .... But should algorithm want to engineer more liquidity then I expect my buy poi to be valid .. save to say a buy to sell
Expectations 🏌‍♂
The Algorithm trader 🏌
Expectations 🏌‍♂
Sell level invalidated .. no subordinate willingness given
2 possible point of reactions
👍1
Possible bearish rentry levels ... Algorithm could drive price up into that zone for the Bears
Bullish rentry level into the weekly void ...
Possible reaction should be gotten here , tho it may be not a major reaction...
Should price close below ..
CPI today ... I have not triggered any trade today , I wouldn't be doing so till after the news.
Possible outlooks
Possible outlook , risky tho due to the coin
Possible outlook, risky tho due to CPI
Should price close below this high, then I would be looking at a downward move to its RB ... Should it break that high, then I would be looking at the eqh above ..
The Algorithm trader 🏌
Like do u understand this ? Let's look at Gu chart to gain more graphical understanding ...
See what happened during CPI ,
There was an upward run in price to do what ? To take out that high and it does what ? It falls 150pips ....
Little drops of water can fetch u a bucket of water ❤️